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Linde LIN Debt-to-equity

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Other financials

Income statement

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Revenue$9.3B+9.3%
Gross profit$4.3B+7.7%
Operating income$2.4B+11.7%
Net income$1.9B+9.2%
EPS (diluted)$4.15+11.3%

Balance sheet

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Cash & equivalents$4.0B-25.2%
Total debt$31.1B+9.8%
Total equity$38.6B+1.4%
Total assets$86.3B+4.4%

Cash flow

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Operating cash flow$2.2B+3.7%
CapEx$1.3B+5.7%
Free cash flow$898.0M+0.8%

Valuation

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Market cap$221.18B+0.9%
Enterprise value$248.36B+5.6%
P/E30.5×-2.1×
P/S6.2×-0.4×

Profitability

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Gross margin48.8%+0.5pp
Operating margin26.5%+0.1pp
Net margin20.4%+0.2pp
FCF margin14.7%-0.2pp

Returns & leverage

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Return on equity18.5%+1.3pp
Current ratio0.8×-0.1×

Where this comes from

Calculated from Linde’s reported figures.

Based on the most recent quarter.

The source filing: Linde’s 10-Q, filed May 1, 2026. Open the filing →

Filed
May 1, 2026, 10:38 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-029165

FAQ

What is Linde's debt-to-equity?
Linde (LIN) reported debt-to-equity of 0.8× in Q1 2026.
How has Linde's debt-to-equity changed year-over-year?
Linde's debt-to-equity increased by 8.3% year-over-year, from 0.7× to 0.8×.
What is the long-term trend for Linde's debt-to-equity?
Over 5 years (2020 to 2025), Linde's debt-to-equity has grown at a 14.5% compound annual growth rate (CAGR), from 0.4× to 0.9×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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